Quasi-static and high-rate tension and compression properties of an extruded AZ80 Mg alloy rod were investigated at loading rates of 0.001 and 500 s−1. Acquired stress – strain results show that tension and compression plastic deformations of AZ80 rod are asymmetric, and such strength differential effect is dependent of strain rate and loading orientation. Strength differential effect is weakened at 500 s−1 when the sample was loaded along the extrusion direction. Crystal plasticity simulations on the basis of the visco-plastic self-consistent method were performed. Numerical results indicate that the rate and orientation dependency of strength differential effect in AZ80 alloy is related to {101‾2} extension twinning. High-rate tests for pretension, unloading and reverse compression were realized to investigate the dynamic Bauschinger effect. Experimental results show that Bauschinger effect of AZ80 alloy is anisotropic and sensitive to the strain rate. A Bauschinger effect parameter considering strength differential effect was proposed, and it was found that the Bauchinger effect in the extrusion direction is reduced significantly at 500 s−1.